Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Friday, 7 November 2014

#dax $dax

On the 4hr chart, where I keep my EW counts, the pitchfork perimeter off the all time high is directly above yesterday's high. Given the 100-123.6% extensions are directly above there, it does seem that a break up could be dynamic, especially with the resistance line off the top immediately above the latter at 9800. Going to be fun for sure!

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